MARINE ELECTRICALS SWING IDEA - LONG
Updated
Marine Electrical is currently trading at 71.
It is trading above its weekly 50 & 200 EMA.
Monthly and weekly Chart clearly shows cup pattern with higher high's and volume support.
A good up movement is expected with minor corrections in between.
Important levels
Immediate support 65-55
Targets 78 - 90 -115 respectively
For more such free swing ideas - a follow would be helpful.
It is trading above its weekly 50 & 200 EMA.
Monthly and weekly Chart clearly shows cup pattern with higher high's and volume support.
A good up movement is expected with minor corrections in between.
Important levels
Immediate support 65-55
Targets 78 - 90 -115 respectively
For more such free swing ideas - a follow would be helpful.
Note
t1 doneNote
t2 doneNote
t3 doneTrade closed: target reached
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